Hijacking Bitcoin

ross is losing this popularity contest against the astrologist cohost of hell money podcast tells you everything you need to know about the state of bitcoin culture

This guy doesn't know about Bitcoin Cash!

Some of the biggest scams in crypto were hoisted on people under one simple pretext: "But you can self-host your own node!" This simple red herring has enabled all kinds of compromises to our sovereignty when using crypto. Now first, let me be clear: self-hosting is great. Running your own node is great. Compared with having to trust companies to not screw you over, it's absolutely massive. However, the "you can self-host" distraction actually harms the practical decentralization and sovereignty of the space in two key ways: 1) Not Everyone Needs to Run a Node! The entire novel innovation of crypto is a decentralized, unified, guaranteed network that remains censorship resistant. The whole point of this is that you don't need to self-host to have censorship-resistance guarantees. You can just use the self-funded, self-running decentralized network. By deliberately engineering protocols like Bitcoin (and to a lesser extent, Ethereum) in order to make node-running accessible for hobbyists, everyday transactions and actual use by said hobbyists became out of reach. In other words, people were made to be able to run nodes to validate transactions they themselves can't afford. 2) Ignore Centralization If You CAN Self-Host The even darker part: by giving a self-hosting option, users are distracted from the blatant centralization and censorship vectors facing 99% of users. A great example of this is Lightning, where anyone can theoretically run their own node and manage their own payment channels in a fully peer-to-peer way. But practically, it's immensely clunky, technical, involved, and expensive. As a result, almost all users use fully-custodial systems, or at best extremely-centralized semi-custodial services, and this goes ignored because theoretically anyone can self-host. The Real Holy Grail: No Need to Self-Host The real innovation we should be striving for: no need to self-host! The most innovative freedom projects take the core foundational principle of crypto that started with Bitcoin: that the system makes it so that honest miners will run a censorship-resistant network without all participants having to run miners themselves. They take this foundation, and apply the principle to every level of the stack. Essentially, anywhere in the entire experience of an average user where there's a company or centralized service in there that they need to trust, find a way to decentralize it, without requiring the user to self-host. We've already made amazing progress on this already, and we can keep doing better. But we have to learn to avoid the self-host red herring.

Unfortunately Lightning has no *objective technical existence* anymore -- it is just an arbitrary social club

BTC is Bitcoin, in name only.

Bitcoin was meant to be bought without taking a selfie.

Bitcoin would need to rise to nearly $180,000 for investors who bought in at MSTR previous all time high to break even on their investment. The MSTR shareholder dilution is not without a real cost. Lesson : If you want, buy BTC, not MSTR. x.com/i/grok/share/c…

I'm just not that excited about stablecoins. If you are, maybe you're missing the entire point of crypto, I don't know. 🤷‍♂️

Justin Bons has been unintentionally stacking tears of the Bitcoin Maxis for a good while 💀

BTC's price is based on pure speculation; there is no utility, no use cases & no future Wishful thinking props up BTC as it seeks out more greater fools Until the music stops & the naked emperor is exposed BTC will not survive the inevitable collapse of its security & scarcity

Bitcoincash :Send Anywhere, Pay Almost Nothing.#BCH #Bitcoincash

I live Bitcoin Cash actively. In my neighborhood, people recognize me from a distance by the green I proudly wear — on my CHAPA or even in my outfit. And today, I’m wearing BCH again. Proudly BCHer Use $BCH. Be free 💚

The ironic thing about BTC is that if everyone started using it… …then no one could use it.

100% Using existing infra to off-ramp your crypto while paying massive fees is definitely not the future

This will happen if you convert to fiat currencies, we need crypto-to-crypto transaction not some other currency in the middle.

Bro seriously used VISA in Thailand to access his crypto via USDC, withdrew 5,000 bht and got charged 250 BHT by Bangkok Bank for withdrawing it (5%), then claims "it's the future of finance" 🤣 Thats not progress, its regress. You're still using VISA and paying a 5% transaction fee. Also you"re getting charged a massive spread on the FX conversion.., and you're getting charged by whoever avicimonkey guys are. He lost over 15% on that transaction... Honestly, thats the worst transaction since the dutch sold New York to the English in return for Suriname in 1667.

Bitcoin maximalists are incredibly easy to cyberbully in 2026. Just do this one thing: Paste "saylor from:@(their handle)" in the X search bar. Then paste in their most cringe-worthy post defending a literal Ponzi scheme because the scammer virtue-signaled to them about laser eyes.

Bitcoin was hijacked. A group of bad actors betrayed Satoshi and corrupted the rise of Bitcoin as a cheap and instant payment tool for the masses to sabotage the rise of crypto as digital money and to install an insecure and custodial second layer to control Bitcoin. Read this:

If human beings weren't so unbelievably stupid, the BTC ticker would have been retained by the current Bitcoin Cash fork.

Not a cult